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New Deal


Announced

Bluespring Wealth Partners to acquire CD Wealth Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Management Consulting

Friendly

Pending

Private

United States

financial advisory

Majority

Single Bidder

Domestic

Acquisition

Private Equity

Synopsis

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Bluespring Wealth Partners, a wealth management firm, agreed to acquire CD Wealth Management, an operator of a financial advisory and wealth services firm. Financial terms were not disclosed. “CD Wealth Management’s highly motivated team has built an exceptional reputation because of the company’s culture and its client-first focus on results. We’re excited to add more from Kestra Holdings’ ecosystem of resources and capabilities to CD Wealth’s operations as a model for innovation in wealth management," Stuart Silverman, Bluespring Wealth Partners President.

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